Atlantis Estate Lekki: Full Details With Complete Breakdown + Price List
Introduction
Atlantis Estate, located in Ologolo, Lekki, Lagos, Nigeria, is a collection of modern, gated residential communities known as Atlantis I, Atlantis II, and Atlantis III Estates. Situated along Ologolo Road near Domino’s Pizza and close to the Lekki-Epe Expressway, these estates offer a blend of luxury, security, and accessibility. Developed by reputable real estate firms, Atlantis Estates cater to middle- and high-income families, professionals, and investors seeking serene living with premium amenities. This article provides a comprehensive overview of Atlantis Estate, including its features, property types, amenities, and pricing based on available data up to June 2025.
Location and Strategic Importance
Atlantis Estates are strategically located in Ologolo, Lekki, a rapidly developing area within the Lekki Peninsula. Key location highlights include:
- Proximity to Landmarks: Close to Domino’s Pizza, Shoprite (Circle Mall), Lekki Conservation Centre (1.5–2 km), Nike Art Gallery (6–7 km), and James Hope University. The estates are approximately 15–20 minutes from Lekki Phase 1 and 25–35 minutes from Victoria Island during off-peak hours.
- Accessibility: Accessible via the Lekki-Epe Expressway and Ologolo Road, though morning rush hour (6:30 AM–8:00 AM) can extend travel time to Victoria Island to 50–70 minutes. The estates are well-connected to commercial hubs like Chevron Headquarters and recreational spots like Alpha Beach.
- Economic Hub: Located near the Lekki Free Trade Zone, which hosts the Dangote Refinery, and the proposed Lekki International Airport (20–25 minutes away), enhancing investment potential.
Lekki is a 70–80 km peninsula bordered by the Atlantic Ocean, Lagos Lagoon, and Lekki Lagoon, envisioned as a “Blue-Green Environment City” with a projected population of over 3.4 million residents and 1.9 million non-residents, making Atlantis Estates a prime investment choice.
Overview of Atlantis Estates
Atlantis Estates (I, II, and III) are fully serviced, gated communities in Ologolo, Lekki, known for their modern infrastructure and family-friendly environment. Each estate phase offers similar amenities but varies slightly in property types and pricing due to development stages and features.
Key Features
- Infrastructure: Well-paved, interlocked roads, covered drainage systems, and streetlights ensuring a flood-free environment.
- Utilities: 24/7 electricity via dedicated transformers (no inverter dependency), treated water through boreholes with purification systems, and centralized waste management.
- Security: Gated entrances with 24/7 armed security, strict access control requiring host clearance for non-residents, and CCTV surveillance in select properties.
- Technology: Fiber optic internet for high-speed connectivity.
- Amenities: Swimming pools, gyms, recreational facilities, and ample parking (2–3 spaces per unit).
- Community: Serene, organized, and ideal for families, with proximity to malls, restaurants, and schools.
Property Types and Features
Atlantis Estates offer a range of residential properties, including flats, duplexes, and terraces, primarily designed for luxury and functionality. Properties are sold or rented by developers or individual owners, with some available for shortlet (vacation rentals).
Flats
- 2-Bedroom Flat:
- Features: All rooms en-suite, fitted kitchen, 2 balconies, spacious living area, access to estate swimming pool and gym.
- Additional Amenities: High-speed internet, Netflix/DSTV, daily housekeeping (for shortlets), dedicated parking.
- Status: Available for sale, rent, or shortlet. Ideal for Airbnb investment due to ocean proximity.
- 3-Bedroom Flat with BQ:
- Features: All rooms en-suite, fitted kitchen, tiny boys’ quarters (BQ), swimming pool, gym access, tastefully furnished (for shortlets).
- Additional Amenities: 24/7 power, super-fast internet, PS4 console, washing machine, balcony, and daily housekeeping (for shortlets).
- Status: Available for sale, rent, or shortlet.
Houses
- 3-Bedroom Flat with BQ:
- Features: All rooms en-suite, fitted kitchen, BQ, access to estate swimming pool and gym, 24/7 power.
- Additional Amenities: Modern finishes, secure parking, high-speed internet.
- Status: Available for sale in Atlantis II Estate.
- 4-Bedroom Semi-Detached Duplex with BQ:
- Features: All rooms en-suite, fitted kitchen, BQ, spacious living room, swimming pool, gym access, CCTV, water treatment plant.
- Additional Amenities: Jacuzzi, high-quality wardrobe, water heaters, ample parking (3 cars).
- Status: Available for sale in Atlantis III Estate, some under distress sale.
- 4-Bedroom Terrace Duplex:
- Features: All rooms en-suite, fitted kitchen, spacious living area, access to estate recreational facilities, 24/7 power, clean water.
- Additional Amenities: No flooding, secure environment, modern design.
- Status: Available for sale in Atlantis Estate.
Amenities
Atlantis Estates are designed for a “Live-Work-Play” lifestyle, offering:
- Infrastructure: Tarred and interlocked roads, effective drainage, and streetlights.
- Utilities: 24/7 electricity with dedicated transformers, treated water via boreholes, and centralized waste management by private firms.
- Security: Gated entrances, 24/7 armed security, strict access control, and CCTV in select units.
- Recreation: Swimming pools, gyms, and access to estate recreational facilities.
- Technology: Fiber optic internet for seamless connectivity.
- Environment: Serene, clean, and flood-free, with proximity to malls (Shoprite, Lennox Mall), restaurants (TFC, Spur Steak Ranches), and leisure spots (Lekki Coliseum).
Price List
Pricing for properties in Atlantis Estates varies by phase, property type, and condition (e.g., brand new, furnished, or distress sale). Below is a detailed breakdown based on available data up to June 2025. Prices are subject to change, and verification with agents is recommended.
Flats
- 2-Bedroom Flat:
- Sale Price: ₦75,000,000 (Atlantis Estate, Ologolo, 2 balconies, ideal for Airbnb).
- Shortlet Price: ₦100,000/day (fully furnished, Atlantis Estate).
- Title: Governor’s Consent.
- Additional Fees (Shortlet):
- Service Charge: Included in daily rate.
- Caution Deposit: Not specified.
- 3-Bedroom Flat with BQ:
- Sale Price: ₦70,000,000 (Atlantis II Estate, Ologolo).
- Rent Price: ₦6,000,000 per annum (Atlantis III Estate, fully furnished).
- Shortlet Price: ₦135,000/day (Atlantis III Estate, furnished with PS4, Netflix, gym, pool).
- Additional Fees (Rent):
- Service Charge: ₦69,000/month or ₦828,000/year.
- Caution Deposit: ₦600,000.
- Agency Fee: 10% (₦600,000).
- Legal Fee: 10% (₦600,000).
- Title: Governor’s Consent.
Houses
- 3-Bedroom Flat with BQ:
- Sale Price: ₦70,000,000 (Atlantis II Estate, Ologolo).
- Title: Governor’s Consent.
- 4-Bedroom Semi-Detached Duplex with BQ:
- Sale Price: ₦135,000,000 (distress sale, Atlantis III Estate, Ologolo).
- Title: Governor’s Consent.
- Additional Fees:
- Agency Fee: 5% (₦6,750,000).
- 4-Bedroom Terrace Duplex:
- Sale Price: ₦100,000,000 (brand new, Atlantis Estate, Ologolo, serviced).
- Title: Governor’s Consent.
- Additional Fees: Not specified.
Land
- Plot Sizes: Not explicitly listed for Atlantis Estates, but similar plots in Ologolo range from 500–660 sqm, priced at ₦80,000,000–₦150,000,000.
- Title: Governor’s Consent or Deed of Assignment.
General Notes on Pricing
- Market Trends: Atlantis Estates offer competitive pricing compared to Lekki Phase 1 (e.g., ₦250,000,000–₦1,500,000,000 for flats). Prices are driven by proximity to commercial hubs and estate amenities.
- Investment Potential: High ROI due to Lekki’s growth, proximity to Lekki Free Trade Zone, and suitability for Airbnb/shortlet investments.
- Verification: Confirm prices with agents like Suzanhomes Realty (+2348131230805), Hola Yola Luxury Home Ltd, or Darn Technologies (07065266133).
Why Invest in Atlantis Estates?
- Prime Location: Close to Domino’s Pizza, Shoprite, and Lekki-Epe Expressway, with access to business and leisure hubs.
- Affordable Luxury: Competitive pricing for serviced properties compared to Lekki Phase 1.
- Reliable Infrastructure: 24/7 power, treated water, and flood-free drainage.
- Security: Gated community with 24/7 security and strict access control.
- Investment Potential: High rental and resale value, especially for shortlets, due to proximity to tourist attractions.
- Family-Friendly: Serene environment with recreational facilities like pools and gyms.
How to Buy or Rent
- Contact Agents:
- Suzanhomes Realty & Hospitality: +2348131230805 (shortlets).
- Darn Technologies: 07065266133, 07010281009, in**@*******ls.com.
- Taosa Properties & Investment Ltd: +2348062428191.
- Process:
- Schedule an inspection (some agents charge ₦10,000–₦20,000 inspection fees).
- Pay a refundable application fee (if applicable).
- Choose payment plan: Outright or installments (up to 12–24 months for some properties).
- Documentation:
- Houses/Flats: Governor’s Consent or Deed of Sublease.
- Land: Governor’s Consent or Deed of Assignment.
- Verification: Use verified agents via Nigeria Property Centre or PrivateProperty.com.ng to avoid fraud.
Frequently Asked Questions
- Is Atlantis Estate flood-free? Yes, the estates feature excellent drainage systems, ensuring no flooding.
- What is the title for properties? Most properties have Governor’s Consent; some have Deed of Sublease.
- Are houses furnished? Shortlet units are fully furnished; sale/rent units may be unfurnished unless specified.
- How secure is the estate? Highly secure with 24/7 armed security, gated access, and CCTV in select units.
- What is the power supply like? 24/7 electricity via dedicated transformers, no inverter dependency.
- Are there recreational facilities? Yes, including swimming pools, gyms, and access to estate recreational areas.
Conclusion
Atlantis Estates (I, II, and III) in Ologolo, Lekki, offer a blend of luxury, security, and affordability in one of Lagos’ most dynamic areas. With prices ranging from ₦70,000,000 for flats to ₦135,000,000 for duplexes, and shortlet options at ₦100,000–₦135,000/day, the estates cater to diverse needs. Their proximity to Domino’s Pizza, Shoprite, and the Lekki Free Trade Zone, combined with 24/7 power, treated water, and robust security, makes them ideal for families, professionals, and investors. For the latest pricing and availability, contact reputable agents like Suzanhomes Realty or Darn Technologies. Invest in Atlantis Estates for a serene lifestyle and strong investment returns in Lekki’s thriving real estate market.
Disclaimer: Prices and availability are subject to change. Verify with listed agents before making decisions. Data is based on sources up to June 2025.